After the best sales year since 2010, the Indian Automotive Industry is looking forward to be strong 2015, with sales to top 25 million units. Indian auto industry is one of the fastest and biggest growing sector in the world and it occupies 4% of global auto sector. Thanks to leaders of Indian auto makers i.e., Maruti Suzuki, Mahindra & Mahindra, Ashok Leyland, etc… to making this thing happen. This is happening because better access to credit rates, loans from banks, people are more interested to buy 4 wheeler vehicles than ever before. Even there are other auto industry trends that are making customers drive into dealer showrooms in the coming year. The majors trends are:
Yes, these UTEs (Utility Vehicles or Utility Coupes), are popular from last several years, those are playing popular role in 2015 also, but with new twists and more gorgeous looking’s. Maruti Celerio, the flexible for young, urban explorers. This is now demanding vehicle in Indian buyers.
Related: Automotive Trends In India
There is so much competition in picking truck segment is coming like never before with more intense. 3 – 4 are biggest makers of these trucks in India such as Mahindra & Mahindra, Ashok Leyland, etc… There are variety of trucks to be launch in 2015 from multiple brands.
People are showing more interest now a days than ever before to buy fast cars. Customers wants to enjoy fast vehicles in their lives.
Auto makers are researching and experimenting with latest power technologies to meet powerful new laws on fuel economy. This is growing very rapidly.